Legal advisors played central role in guiding clients on how to respond to the pandemic.
November 25, 2020 at 02:48 AM
1 minute read
Australian law firms’ profits increased despite the COVID-19 pandemic thanks to their central role in advising clients on how to respond to the pandemic, a recent survey found.
Profits in Australian law firms grew by 7% in the 12 months to June 2020 and are forecast to grow 5.5% in the following 12 months, according to the CommBank’s Legal Market Pulse report, based on a survey of leaders from law firms across Australia.
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